The Retirement and Savings Excess Plan is an excess
plan, designed to provide contributions that could not be
provided under a related qualified plan. The plan was provided
during the required two-year transition period in connection
with Del Montes December 20, 2002 acquisition of
certain former businesses of H.J. Heinz and after this
transition period was frozen to additional contributions. The
contributions provided under this plan were limited to employees
who had been employees of H.J. Heinz prior to the
acquisition and were intended to mirror contributions that had
been provided to these employees when they were employees of
H.J. Heinz.

No funds are set aside in a trust for payment of benefits under
the Retirement and Savings Excess Plan. Rather, benefits are
paid from Del Montes general assets. Accordingly,
participants in the Retirement and Savings Excess Plan are
general creditors of Del Monte with respect to the payment of
these benefits.

Contributions. In connection with the
transition period from the December 20, 2002 merger (in
which Del Monte acquired various businesses of H.J. Heinz
Company) through December 20, 2004, salaried employees who
were former Heinz employees (including Mr. Lachman) were
provided benefits, referred to as the Company Contribution
Account, through both a qualified defined contribution plan (the
H.J. Heinz Company Employees Retirement and Savings Plan in
calendar 2003 and the Del Monte Savings Plan in calendar
2004) and a nonqualified defined contribution plan (the Del
Monte Employees Retirement and Savings Excess Plan). Former
Heinz employees did not receive benefits under any defined
benefit plan during this period. The Company Contribution
Account benefits under the qualified and nonqualified defined
contribution plans were credited to employees plan
accounts as a percentage of eligible compensation based on age.
Eligible compensation included base salary, annual incentives,
bonus, and sales incentives, but not

equity compensation. Amounts, in aggregate for both the
qualified and nonqualified defined contribution plans, were
credited as set forth in the schedule below:

Percentage of Monthly

Participant Age

Compensation

Below Age 30

1.5

%

30 but below 35

3.0

%

35 but below 40

5.0

%

40 but below 45

7.0

%

45 but below 50

9.0

%

50 but below 55

11.0

%

55 but below 60

12.0

%

60 and over

13.0

%

Amounts which could not be credited to the qualified plan
accounts due to IRS limitations were instead credited to the
nonqualified defined contribution plan, the Del Monte Employees
Retirement and Savings Excess Plan. Salaried employees who were
former Heinz employees had their account balance from a similar
Heinz nonqualified excess plan transferred as their opening
balance under the Del Monte Employees Retirement and Savings
Excess Plan when it was established effective December 20,
2002.

Del Monte stopped crediting additional Company Contribution
Account amounts under the qualified defined contribution plan
(the Del Monte Savings Plan) and the nonqualified defined
contribution plan (the Del Monte Employees Retirement and
Savings Excess Plan) as of December 31, 2004. Thereafter,
effective as of January 1, 2005, the former Heinz employees
instead began participating in the Del Monte Corporation
Retirement Plan for Salaried Employees and the related portion
of the Additional Benefits Plan. Such employees had begun
participating in the Additional Benefits Plan 
Savings Portion effective as of January 1, 2004.

Earnings. Accounts are credited with earnings
as if the account had been invested in the applicable investment
options provided under the qualified plans referred to in
 Contributions above and in the
percentage allocations selected by the employee in such
qualified plan.

Distributions and Withdrawals. Lump sum cash
payment of the account balance is made as soon as practicable
after the employees termination of employment (regardless
of cause), including death.